The Financial Times newspaper reports that Germany "is braced for its first proxy fight at blue-chip company". The company is Infineon and one of it shareholders - UK based Hermes - has submitted a proposal that would, if supported at the company's forthcoming annual general meeting, see Hermes' preferred candidate elected to the chairmanship of Infineon's supervisory board.Tuesday 19 January 2010
Germany: battle over supervisory board chair at Infineon
The Financial Times newspaper reports that Germany "is braced for its first proxy fight at blue-chip company". The company is Infineon and one of it shareholders - UK based Hermes - has submitted a proposal that would, if supported at the company's forthcoming annual general meeting, see Hermes' preferred candidate elected to the chairmanship of Infineon's supervisory board.
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